Orange is the New Green

[maximumpossiblesuffering]

No responses,no surprise.

Can you post a chart of the deficit since Trump has been in office?

You are being silly. We have been through this several times. Do I really need to save, copy, and paste my thorough refutation of your position?

Apologize, and I will give you guys a break.

 

[Cuddles]

The Dow was at 9625 the day Obama got elected. It closed 11/21/11 at 11,547.
That's a 20% gain.

Since the day Trump got elected to the close yesterday.... we are up 54% on the Dow.

Not to mention Obama took over when the Fed was doing everything in its power to save and jump start the economy.




There's your response. Snap out of it huh?

Oh, the day he got elected huh?

 

[vanzandt]

Oh, the day he got elected huh?

Hell yes H4.... thats how the markets work. They look ahead.... election day is the catalyst... and look what the market did from election day 2016 to the inauguration. The Dow jumped 2000 friggin points. You're going to give Obama that credit? Really? Come on H4.... put your politics aside and give credit where credit is due. That was a pure maga move whether you like or it or not. Lets not deny history here ok.

 

[Cuddles]

Hell yes H4.... thats how the markets work. They look ahead.... election day is the catalyst... and look what the market did from election day 2016 to the inauguration. The Dow jumped 2000 friggin points. You're going to give Obama that credit? Really? Come on H4.... put your politics aside and give credit where credit is due. That was a pure maga move whether you like or it or not. Lets not deny history here ok.

View attachment 213938

You ask not to deny history yet expect me to ignore Obama was elected as the economy crashed with a bottom far from being in sight on November 4th.

 

[Bugenhagen]

You ask not to deny history yet expect me to ignore Obama was elected as the economy crashed with a bottom far from being in sight on November 4th.

The jump was a response to the compression uncertainty caused, whichever side won it would have jumped.

 

[vanzandt]

You ask not to deny history yet expect me to ignore Obama was elected as the economy crashed with a bottom far from being in sight on November 4th.

Not a very big vote of confidence in his win really when you think about it.
Either way, that recovery and subsequent climb had absolutely zero to do with him. It was all the Fed.
That 2000 point Trump rally was pure maga. Big difference.

 

[Cuddles]

Not a very big vote of confidence in his win really when you think about it.
Either way, that recovery and subsequent climb had absolutely zero to do with him. It was all the Fed.
That 2000 point Trump rally was pure maga. Big difference.

my guy's bullishness is legit
the other guy's is not

because I say so...

got it.

I guess we'll see how solid Trump's economy is when he loses in 2020, or if it was all fugazi as some of us suspect. The incumbent will get the blame if it crashes of course.

 

[vanzandt]

my guy's bullishness is legit
the other guy's is not

because I say so...

got it.

I guess we'll see how solid Trump's economy is when he loses in 2020.

No... that's totally not the case. You know damn well I don't play like that H4. There is no "my guy" here... I'm talking what the market said loud and clear. A 10%+ gain on the DOW in a month following an upset election is unprecedented. Wall Street spoke. There are no political leanings in me citing that, its an undeniable fact and it is what it is.

 

[vanzandt]

I guess we'll see how solid Trump's economy is when he loses in 2020, or if it was all fugazi as some of us suspect. The incumbent will get the blame if it crashes of course.

You also know I believe we're now at or near a top.
And here's something else you might like and I'm sure it won't be well received... but I have always maintained the market would have broken 20K with a vengeance regardless of who won that election.
Markets are bigger than the person who sits in the Oval Office barring black swan type events. We were going higher no matter what.

 

[Cuddles]

You also know I believe we're now at or near a top.
And here's something else you might like and I'm sure it won't be well received... but I have always maintained the market would have broken 20K with a vengeance regardless of who won that election.
Markets are bigger than the person who sits in the Oval Office barring black swan type events. We were going higher no matter what.

That we can agree on, which I guess I'm not sure why you're arguing Trump was the catalyst? Election years blow for the market, and a winner gives the market certainty.

I'm not gonna sit here and deny Trump's deregulatory slant didn't help, I just don't buy the market is priced to reflect its actual value with the way world trade has shaped up.

I'm also not gonna sit here and blame Obama for not stopping the crash when his team's not even in place yet, and "price" his economy after election night.